Alerus Financial Corp

Financial Services · Banks - Regional · —

32.20$ -0.1% vs. previous close Closing price · As of: Sep 25, 2026

Statements

Income Statement

Alerus Financial Corp (ALRS) by the numbers: income statement, balance sheet and cash flow, by year or by quarter. In the most recent period (2025), "Revenue" came in at 328 million USD. Tick rows to compare them in a chart.

Income Statement Balance Sheet Cash Flow Ratios

Annual Quarterly

Amounts Change % Common size % Per share

Last 12 Full history

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All figures in millions of USD.

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Income Statement ALRS
Line item	2006	2007	2008	2009	2010	2011	2012	2013	2014	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025
Revenue	70	78	79	75	88	97	127	124	126	140	173	176	188	205	240	236	225	243	338	328
Cost of Revenue	25	22	79	75	18	11	5.4	4.9	2.9	7.7	10	11	21	26	23	2.1	16	79	133	108
Gross Profit	45	57	62	57	88	97	127	119	123	133	163	165	167	179	217	234	209	164	206	220
Research & Development	–	–	–	–	–	–	–	–	–	0.0	0.0	0.0	0.0	–	–	–	–	–	–	–
Selling, General & Administrative	26	30	35	37	44	45	59	64	65	78	86	68	69	74	89	93	81	76	87	97
Total Operating Expenses	–	–	13	16	-69	-74	-97	87	93	109	141	133	134	140	158	165	157	148	182	198
Operating Income	19	27	14	4.1	20	23	30	32	30	24	21	33	33	39	59	69	52	16	23	23
Interest Expense	0.0	0.0	1.3	1.2	11	6.8	4.6	3.7	3.3	3.5	7.0	8.0	12	19	12	5.6	16	77	115	107
Pre-Tax Income	11	16	14	11	8.8	16	26	32	30	24	21	33	33	39	59	69	52	16	23	23
Income Tax Expense	3.7	5.8	4.8	3.8	3.0	5.5	9.5	12	9.0	6.7	7.1	17	7.2	9.4	14	16	12	4.2	5.4	5.2
Net Income	7.1	10	9.2	7.4	5.9	11	16	20	21	17	14	15	26	30	45	53	40	12	18	17
EBITDA	–	–	14	11	20	23	30	39	38	33	33	42	42	48	67	78	60	24	38	40

Data as of: September 25, 2026 · Source: fundamental data & SEC filings (annual and quarterly reports, 10-K/10-Q)

Note: pure fact-based analysis, not investment advice and not a solicitation to buy or sell. All figures without guarantee.

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Income Statement

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